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France’s Atos Flags Steep Revenue Decline for 2025

French IT services group Atos warned it expects a sharp drop in annual revenue for 2025, citing ongoing contract losses that continued through the quarter ending December 31. The company said revenue is estimated to fall to about 8 billion euros, in line with its earlier guidance. Chief executive Philippe Salle said the figure represents […]

L’Oréal to Invest $383 Million in Indian Beauty Tech Hub

French cosmetics group L’Oréal said it will invest more than $383 million to establish a beauty technology hub in the southern Indian city of Hyderabad, strengthening its push into AI-driven innovation. The company said the hub will serve as a global base for developing artificial intelligence-powered beauty solutions and is expected to create around 2,000 […]

Taiwan’s GlobalWafers Prepares Phase Two Expansion at Texas Plant

Taiwanese silicon wafer maker GlobalWafers is preparing for a second-phase expansion of its Texas manufacturing plant, pending customer commitments, chairperson Doris Hsu said on Wednesday. The company opened a $3.5 billion facility in Texas last year and later announced plans to invest an additional $4 billion in the United States to meet rising demand. The […]